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AAP
AAP
Business
Poppy Johnston

Rates stay on hold and hope for February cut revived

Households will miss out on a Christmas bonus after the Reserve Bank left interest rates on hold. (Richard Wainwright/AAP PHOTOS)

Green shoots are appearing for mortgage holders as the Reserve Bank of Australia sees more signs inflationary pressures are easing.

While keeping the cash rate on hold at 4.35 per cent on Tuesday, the central bank board made a more dovish pivot than most economists were expecting, improving the chances of a February cut.

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